InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,601.15
(
1.04%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.48
(
0.42%
)
Bitcoin
63,431.60
(
-0.89%
)
Post# of 110166
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Elroy Jetson

Send PM Follow Ignore
Followers 38
Posts 13169
Boards Moderated 0
Alias Born 07/09/2002

Elroy Jetson

Member Level

Re: santafe2 post# 110046

Wednesday, 04/24/2024 2:21:58 AM

Wednesday, April 24, 2024 2:21:58 AM

Post# of 110166
This is a simple explanation from SoFi brokerage of Limited Margin https://www.sofi.com/learn/content/ira-margin-account/


This is an unnecessarily complex explanation from Fidelity of Limited Margin https://www.fidelity.com/learning-center/trading-investing/trading/limited-margin-trading-IRA


In addition to having at least $25k in equity in the retirement account, you have to specify your investment objective is "Most Aggressive", and you also cannot use an FDIC insured default sweep account for excess cash.

We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up